Skip to main content

About your Search

20121202
20121210
STATION
CNBC 14
LANGUAGE
English 14
Search Results 0 to 13 of about 14
CNBC
Dec 3, 2012 3:00pm EST
the election. i've got the political upper hand here. i need more than where we were in 2011 because we had a whole election in 2012 focused on almost exactly this issue. the white house thinks they have the political upper hand here. this response is boehner saying, not so fast, mr. president. >> in terms of -- i know you don't have details on the medicare. are there any details on where the revenue comes from? in terms of exemptions and loopholes? do we know if all the exemptions and loopholes are taken off the table? for example, if mortgage and charity is still there? >> we just have detail describing this as revenue through tax reform. presumably there would be some changes to the revenue code that would get you the $600 billion -- i'm sorry, $800 billion in additional revenue the speaker is talking about here. where he gets that from, we'll have to get that answer from the speaker's office. you can imagine right now their phone lines are scrammed and operators are not standing by. >> thanks. you have to start somewhere. >> let's get reaction. s & p capital, jeff cox at cnbc headquarte
CNBC
Dec 6, 2012 7:00pm EST
and that's one reason he's going. he wasn't happy with the 2012 elections. do you think conservatism just didn't make the case in the elections last november? >> we always have to do a better job at how we speak about liberty, the constitution and how inclusive it is and how it offers things to people who have not yet experienced the fruits of liberty. so i think we can always do a better job. what i will say about jim demint is he has started and brought some liberty-minded libertarian/conservatives to the senate. we have a pretty good caucus now. there's a real strong jim demint influence in our caucus. >> great stuff. senator rand paul, kentucky, thank you sir. all the best. >> thank you. >>> so besides praising jim demint, senator rand paul said something very interesting. he said he will not vote for a filibuster. he said, let larry reid, no filibust filibuster, 51 vote, simple majority and then he will vote no and let the democrats have the onus of the big tax hike. quite interesting. now here's a political threat. is the republicans at risk of becoming the party of the rich while p
CNBC
Dec 5, 2012 6:00am EST
talking about every morning here since the election. fiscal cliff, big, big issue. there are now, it seems, growing numbers of people on both the right and the left who would like to see us just go over that fiscal cliff. how big of a problem would that be? >> that would be a big problem. i actually still believe that those -- the democrats, the administration, republicans in the final analysis don't want to see that happen. they do understand that not only would that present a problem in the near term as we went over the cliff at the end of the year, but we still then have the whole debt ceiling fight that would transpire shortly into the new year. the issue isn't simply the negative result of going over the cliff, but it's also that business, consumers, everybody continues to hold back on the uncertainty. and we believe the economy is pretty well positioned potentially in 2013 if we can put this behind us. so i think a lot of what's going on is what you would expect to see in this negotiation, very public negotiation, which is not the best way to do it. i think at some point, the preside
CNBC
Dec 6, 2012 9:00am EST
they would want to sell it. >> revenues light as well. they are claiming not only the election, not only the cliff, but broad economic concern, traffic levels coming down on this. >> this is a very well run company that has missed and made and beaten, you can see the chart, missed, made, missed, made. this is not for strond. nordstrom. >> this week on twitter, they realize people are done playing with fake money they want to go to real money. >> they're looking for a gaming license. and i'm going to ask all of you, will this be the conversation, senator, if you would like, my final offer is this, this is zynga talking to garry. will that be a discussion between pinkas and the senator from nevada? >> you're hoping. >> that's the godfather ii, verbatim. that's what they need. zynga needs that gaming license. he needs a fee to be paid by the senator personally in order to make the quarter. david fiction, reality? >> your hope is that, exactly. >> senator geary. >> reality mirrors fiction. >> i think fiction is much better than reality because it's rational. is there a plaque, is there nick
CNBC
Dec 4, 2012 7:00pm EST
from the elections that shows people are fine with taxes going up on the top 2%. this is part of why the deal from john boehner was a non starter. he said how about deduction caps so you have lots of taxes. is he in trouble with his right wing? >> yes, he is. they have purged the scam. you said it. spending cuts. they are talking about $350 billion. what matters here is the numbers. we can't afford this. we have $16 trillion in debt. we have $87 trillion in unfunded highbilities those are promises that are made that we have to keep. >> guys, this is part of what is interesting about this conversation. when you hear the speaker talking about the loop holes that is the same rhetoric that we heard from mit romney. >> they are using the stuff that is done in the budget control last year. >> those are terrible talking points. >> let me say this point. >> hang on a second. i want to go to guy benson on another point. there is a lot of talk that the republicans might have a doom's day scenario. if there is a budget stalemate, then the republicans will allow a vote on the house floor which i
CNBC
Dec 3, 2012 9:00am EST
for years. >> even though democrats won the presidential election? doesn't that change the calculus? >> he would say these people are all safe seats if they don't get against the pledge. norquist has the division so to speak. he could destroy any republican who says the word tax increase. has he said -- he said if they're seduced by democrats in pure thoughts this is the so-called i can smell pornography when i see it. this is pornography for grover norquist. he can smell it when he sees it. he will target. he will destroy republicans who go against the pledge. he's much more powerful than any individual republican. and individual ceo. let's just face it. i've always felt he was the most powerful person in the class of '76 at harvard. enjoyed his success because he was a fellow member of the harvard crimson. i just disagree with him. terrific guy. >> with friends like that -- >> with all due respect to my ex-partner larry kudlow with all due respect. >> the treasury secretary talks about how he does not think that in the end the gop is going to prevent tax rates on the wealthiest from risi
CNBC
Dec 7, 2012 9:00am EST
, people were saying you got to incorporate poll workers for the election. you had holiday hiring. you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look,
CNBC
Dec 3, 2012 6:00am EST
? there was an election. >> that was not a serious offer that was made. >> well, it was an offer and the republicans haven't made a serious or nonserious offer, joe. >> you've got to go through the house. where is the house plan? >> well, i don't know. but that's -- >> stay tuned. >> our guest hosts will be with us for the rest of the program. up next, we'll talk about monday morning markets. goldman sachs jim o'neill is our special guest. find out if europe or the fiscal cliff is keeping him up at night. >>> later, food for thought. our how dominos is handling economic conditions and their plans to hire for the holiday season. >>> do you think this group of people will find some common sense solution? >> yeah, i think they will. i'm not sure thooes they'll do it by december 1st. >> we know a lot about the opportunities are if they don't. >> in private, in my view, he'll get to something. >> we encourage congress to put aside the political rhetoric and rise above it to make sure we have revenue >>> welcome back, everybody. let's get a sense of where the market is heading in 2013. joining us right now is j
CNBC
Dec 4, 2012 6:00am EST
. they can't govern either. >> i was so hopeful, i wasn't obviously thrilled with the election results, but i actually thought that result might be the result we needed to get thefshs done. >> in a way you you have the situation where -- >> you extend 98 but not the 2? believing that story is so -- >> either raise them on everyone or raise them on -- either it will hurt the economy if you raise taxes or it's not. on 98 it won't hurt, on 2 it will -- >> we'll have more on this argument. in the meantime, let's talk about some of the other headlines. financial firms are gathering for the goldman sachs financial services contractors. a key presenter is brian money tha moynihan. we talked about his reports of planned fee increases. plus there was the issue of president obama's likely pick to follow tim geithner at treasury. we talked about how buffett threw out jamie dimon's name. here is what moynihan thinks about that idea. >> i won't give individual names, but i think what warren is expressing a view which i agree with is that we need to have very bright, very talented and very broad experience
CNBC
Dec 7, 2012 6:00am EST
answer, but in a minute. let me get to the big concern. the entire conversation since the election has been litigating gone squaquarter of the preside own architecture. all we're talking about is revenue, revenues, revenues. the white house has been absolutely silent on 75% of their own described remedy and that is where are the cuts. now, secretary geithner comes to capitol hill and with a straight face says we need to spend more money. we need more stimulus spending. look, i come from the state of illinois which is an example of what not to do. the state had the same underlying problems, that is runaway spending problems, and they came up with the wrong solution. raise taxes, don't deal with the underlying problem, chase an entrepreneurial class out. $7 billion in unpaid bills and higher average unemployment rate. it is a system for failure. so what's happening with my neighbors in illinois, and these are the people that are minkd their own business, not paying attention to all this stuff, all of a sudden they're looking up and saying why is it more expensive for my child to go to th
CNBC
Dec 3, 2012 1:00pm EST
talks broke out -- broke down and post-election he's made clear this is going to remain an element of his strategy, is campaigning with the public. he made that trip to pennsylvania last week. he's trying to use the public, which polls show agrees with him on some of the key questions like top rate, to put pressure on the congress to move. we'll see how effective that can be. certainly it hasn't been effecti effective heretofore but it is possible it could and the president believes having won the election he's on the high side. >> 2:00 on twitter. john, thanks very much. >>> one of the overhangs for the fiscal cliff for investors is what will happen on dividend tax rates. more and more corporations aren't waiting to find out exactly what happens with more than $22.5 billion worth of special difficult sends having been announced from 98 companies in the fourth quarter so far. today, hca, dish network, cato joining the list. jim iuorio is a cnbc contributor. >> i've been looking at this from every ang toll fiangle to find a tradable sort of angle. here's the one possibility that i h
CNBC
Dec 3, 2012 5:00pm EST
then we are really worried about it is the earnings cliff. before we got really wrapped up in the election we were wringing our hands on how the earnings season was not coming out very well. i think when we start paying attention to earnings again it will be a problem. >> coming up next is dell really a buy? our traders will make the call on whether this beaten down tech stock is back from the brink. it could be called the ultimate fiscal cliff trade. find out which investment americans are pouring into. much more straight ahead. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors wh
CNBC
Dec 5, 2012 9:00am EST
to the sixth which happens to be the election on tens, you will notice -- this is weird. this is a 21st session that we're going to be looking to close in a range between 158 and is 169. we were at the 175 mark. that was really a changing moment for treasuries. if you open the chart up to a 20-year chart, maybe sometimes some out there forget exactly how low these yields are. look at that 20-year chart. contrast it with s&p 500 chart. what a difference. obviously the feds program to push people to risk in some ways is working but in ways it's not working. look at flows. it's in treasuries. not in the equities. now if we look at the euro, let's look at euro from year-to-date. doesn't look bad. about month and a half high. let's go back to 2000. doesn't look nearly as good. the winning chart on perspective perspective is dollar/yen. look at that year-to-date. it looks like it's really going to explode. if you look at a 20-year chart, we're just dancing around the bottom. jim cramer, back to you. >> drives me crazy that i can't figure that out. let's check out the latest news in energy and metals.
CNBC
Dec 6, 2012 4:00pm EST
the needle just yet. i doubt our elected officials would be brazen enough to leave washington without an agreement? this is my hunch. if, and that is an if we are going to see a deal, i suspect it'll come in the next two weeks. if we know anything about d.c. lawmakers, their time off may be more of a sacred cow than the belief on tax and spending. if i'm right, it's too bad that their own self-interests motivate them more. >>> before we look the a the day on wall street. and it was a quiet day. at the end of the day, we did see the markets get a good lift up about 40 points on the industrial average. nasdaq composite picked up 15 1/2 points. and the s&p tonight gain of 4.5% points, check out apple today, we did see a bit of a rebound after the big selloff yesterday. apple continues to trade higher in realtime, up 1.5% on apple at
Search Results 0 to 13 of about 14